Skip to main content

The best way to bargain when buying a used car

 You should know that dealers or sellers always have a mark up keeping in mind that the customer will bargain. So, there is a preconceived price they will readily come down to and you might think you've made a good bargain. To counter this, you must have the same approach with your budget. Let them know your budget but only you know how flexible your are with it, use it at the right time.

Woman looking at information while buying a used car

Image for representational purpose only. Source - Google Images

To get a better price, you need to have the right information about the car and it's condition.

To do this, you should consult a car mechanic or third party service to inspect the condition of the car to know the ‘true value' of the car. Some dealers or sellers may get temporary work done on the car to mask deeper, more expensive issues with the car. This should help with that.

Once the car has been inspected thoroughly, keep a list of the immediate issues and the issues that might pop-up later handy with you along with the cost of fixing those issues down the line.

For example, brake pads and clutch might be in a decent condition for now but may not last too long. The inspection will reveal this. This is associated with future maintenance costs. Collect all such criteria in an inspection or valuation report and use this as a main point in your negotiation.

This is a rational and genuine way of negotiating rather than negotiating with tricks or gimmicks which is all based on purely swinging the price between what you want and the dealer  or seller wants. These tricks may not work depending on demand and the intelligence of the dealer or seller, which they probably will be aware of before hand.

Before you decide on which car to buy, there are many questions you need to ask yourself to make sure you choose the right car. You can find a detailed article on this here.

Disclaimer: The information contained here is for general information purposes only. While we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose.

Popular posts from this blog

The Most Brilliant Sci-Fi Movies About First Contact

Smart Sci-Fi Movies About First Contact That Make You Think When you spend your days thinking about science, the universe, and how things actually work, you start to appreciate stories where smart people solve massive puzzles. Illustration generated exclusively for Zestrun We are skipping the tired Hollywood tropes of endless space battles. Instead, we are looking at brilliant films where humanity uses science, sound, and pure intellect to reach out into the unknown. These are stories about curiosity, expertly crafted by legendary directors and brought to life by incredible actors. ​Here is an ever-expanding list of first contact movies that will leave you completely fascinated, ranked by release year. ​1. 2001: A Space Odyssey (1968) ​ Rotten Tomatoes: 90% | IMDb: 8.3/10 ​ Notable People: Directed by Stanley Kubrick. Written by Arthur C. Clarke and Stanley Kubrick. Starring Keir Dullea and Gary Lockwood. ​ Watch the trailer here: ​ The Angle: This film is the absolute peak ...

The 3 UFO Cases the U.S. Government Actually Couldn't Solve

 When it comes to the topic of UFOs, it is incredibly easy to be a skeptic. If you are a rational person who refuses to blindly believe in pseudoscience, the modern landscape of extraterrestrial claims is exhausting. Far too often, the "evidence" is just a blurry piece of drone footage, a documentary featuring a cheap Halloween mask, or a convoluted conspiracy theory that falls apart under five minutes of logical scrutiny. ​But what happens when you strip away the tin-foil hats, ignore the pop culture myths, and look strictly at the declassified, historical data? Illustration generated exclusively for Zestrun From 1947 to 1969, the U.S. Air Force investigated over 12,000 reported sightings. While they successfully debunked the vast majority as hoaxes or misperceptions of natural phenomena, they were left with hundreds of cases classified officially as "Unknown." ​Here is a rational, evidence-based look at the history of these unknowns, and three of the most baffli...

Investment insights from the intelligent investor - part one

The intelligent investor by Benjamin Graham is considered in high regard when it comes to value investing. As Warren Buffett puts it,  " By far the best book on investing ever written." The intelligent investor is an essential read for anyone starting out on their investment journey. It is not a get rich quick book but rather a book on rational thinking about investment. It helps in critical thinking about your investment choices and asks you to be sceptical about generalizations in the field and helps you avoid the pitfalls of blind investing. Image for representational purpose only. Source - Google Images In this series of articles on the insights from the intelligent investor (Revised edition, with commentary by Jason Zweig), we look at the key takeaways from the book, that remain relevant to our times. Stock price should not be far above the tangible asset value (book value). For a defensive investor - ratio of investment between stocks and bonds - varies fr...